NOT LISTED FOR SALE

245 Lafayette St Unit 3C Salem, MA 01970

South Salem Neighborhood

Estimated Value: $314,000 - $356,000

1 Bed
1 Bath
668 Sq Ft
$201/mo HOA Fee

Last Sold March 22, 2023

Last sale price $295,000 $442 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,333/month

17 Days on Market

Highlights

  • Medical Services
  • Open Floorplan
  • Wood Flooring
  • 0.55 Acre Lot
  • Property is near public transit
  • Upgraded Countertops

About This Home

As of March 2023

*Price change!* Great place if you are looking to downsize, or stop renting! This condo unit just waiting for you to move in! Pet-friendly, non-smoking building, equipped with an elevator, that offers 2 exclusive parking spaces, extra storage in the building and, in a very convenient location. Unit comes with private balcony, lots of storage, 2 wall AC units and an open floor plan waiting for your personal design. Common laundry in basement, professionally managed complex are just a few more things to add to this awesome property! Seller has moved, ready to go! Easy to show, email or text me to get in soon!

Last Listed By

Leonette Strout

Keller Williams Realty Evolution Listed on: 02/02/2023

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1971

Lot Details

  • 0.55

HOA Fees

  • $201 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 668 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Basement
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0464 S:819,4359443

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 24 Units
  • Mid-Rise Condominium
  • The Continental Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Park

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,866

Year Built

Built in 1971

Lot Details

0

HOA Fees

$201 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Mid-Rise
  • Year Built: 1971
  • Buyer Agency: 2
  • Entry Level: 3
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Carpet
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • Bathroom 1 Level: Third
  • Room Dining Room Features: Closet, Flooring - Hardwood
  • Room Dining Room Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Laminate, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded
  • Laundry Features: In Basement, Common Area, In Building
  • Room Living Room Level: Third
  • Room Living Room Features: Ceiling Fan(s), Flooring - Wood, Balcony / Deck, Open Floorplan
  • Basement: Y
  • Living Area: 668
  • Stories Total: 1
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 471.56
  • PRICE PER Sq Ft: 441.62
  • MAIN SO: AN4305

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Brick
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Paved, Exclusive Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry, Elevator(s), Storage
  • Association Fee: 201
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 3C
  • MANAGEMENT: Professional - On Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:33 L:0464 S:819,4359443
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.55
  • Lot Size Area: 0.55
  • Lot Size Sq Ft: 24002
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 489
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2866
  • Tax Book Number: 39275

Multi Family

  • Number Of Units Total: 24
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 7, 2020
Sold by
Shiloh Ft
Bought by
White David and White Karen
Seller's Agent
Joyce Sullivan
Keller Williams Realty Evolution
Buyer's Agent
Leonette Strout
Keller Williams Realty Evolution
List Price
$249,900
Sold Price
$252,000
Premium/Discount to List
$2,100
0.84%
Total Days on Market
17
Current Estimated Value
$333,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,590
Avg. Annual Appreciation
6.52%
Original Mortgage
$189,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2018
Sold by
Shiloh Azriel
Bought by
Shiloh Ft 2018

Purchase Details

Listed on
Aug 3, 2017
Closed on
Sep 8, 2017
Sold by
Deforrest Sharon A
Bought by
Shiloh Azriel
Seller's Agent
Daniel Meegan
J. Barrett & Company
Buyer's Agent
Maggie Gibson
MerryFox Realty
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$170,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Higby John P
Bought by
Deforrest Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Lafayette Llc
Bought by
Higby John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
White David $252,000 None Available
Shiloh Ft 2018 -- --
Shiloh Azriel $210,000 --
Deforrest Sharon A $147,000 --
Higby John P $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Margarita $236,000
Closed White David $189,000
Previous Owner Shiloh Azriel $170,000
Previous Owner Higby John P $102,900
Previous Owner Higby John P $148,000
Previous Owner Higby John P $24,000
Previous Owner Higby John P $169,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $295,000 -6.3% $442 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/14/2023 02/14/23 Price Changed $315,000 -3.1% $472 / Sq Ft
02/02/2023 02/02/23 For Sale $325,000 +29.0% $487 / Sq Ft
12/09/2020 12/09/20 Sold $252,000 +0.8% $377 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $249,900 +19.0% $374 / Sq Ft
09/01/2017 09/01/17 Sold $210,000 +5.1% $314 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $199,900 -- $299 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,275 $288,800 $0 $288,800
2024 $3,243 $279,100 $0 $279,100
2023 $3,158 $252,400 $0 $252,400
2022 $2,866 $216,300 $0 $216,300
2021 $2,738 $198,400 $0 $198,400
2020 $2,753 $190,500 $0 $190,500
2019 $2,650 $175,500 $0 $175,500
2018 $2,259 $146,900 $0 $146,900
2017 $2,166 $136,600 $0 $136,600
2016 $1,847 $117,900 $0 $117,900
2015 $1,859 $113,300 $0 $113,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73075813

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000464-000819-000819